wiar 9-28-17

Mary FanslauWhat I Am Reading

Sep 28 (Thursday)

Markets
Trump’s tax plan is here — here’s how Wall Street says to trade it (BI)
The Trump Trade Is Back (B)
Stocks Catch Tax Cut Fever (B)
Winners and Losers Under the GOP Tax Plan (W)
Trump’s tax plan could bring $250 billion into the US — here are the companies set to benefit most (BI)

Central banks
Three Questions for U.S. Monetary Policy (Bullard, FRB-SL)
Labor Market Disparities and Economic Performance (Brainard, FRB)
Trends and Transitory Shocks (Rosengren, FRB-BOS)
IMF to World’s Central Banks: Don’t Ignore Your Economies’ Weak Wage Growth (W)

US
Family Wealth, Incomes Rose, Fed Survey Says (W) | Survey of Consumer Finances (SCF)
U.S. Growth Starts to Help More People, But Wealthiest Win Most (B)
U.S. Durable-Goods Orders Rose 1.7% in August (W)

Europe
Germany’s Schäuble Set to Step Aside as Finance Minister (W)
Among Supporters of AfD, Angst Over Immigration and Democracy (W)
Macron Unveils Budget Meant to Bolster Influence in EU (W)

US tax reform
Unified Framework for Fixing Our Broken Tax Code (White House)
GOP Tax Overhaul Aims for Corporate Cuts, Simpler Code (W)
Trump Calls 20% Corporate Tax Rate in Plan a ‘Perfect Number’ (B)
Trump puts big companies first with low tax plan (FT)
GOP Plan Has Large Tax Breaks for the Highest Earners (B)
Here’s How Tax Reform Could Squeeze the Middle Class (B)
There are still huge parts missing from the newest Trump tax plan (BI)
Trump Seeks Democrats’ Help on Tax Overhaul (W)
This tax plan is a looming political disaster for Republicans (BI)

US politics
Health Insurers Make Final Call on ACA Plans (W)
Donald Trump Accuses Facebook of Being ‘Anti-Trump’ (W)
Alabama loss for Trump candidate bolsters insurgents (FT)

Cybersecurity
The Government Needs More Cyber Talent—But So Does Everyone Else (W)
Equifax to Offer Free Credit Freezes for Life, New CEO Says (B)

Industries & companies
FANGs: Amazon Prepares for Apple and Google Competition With Home Devices Push (B)
Financials: U.S. Bank Regulators Propose Changes to Capital Rules (W) | Press Release

Corporate finance
Overhaul May Not Boost Buybacks as Much as You Think (W)

Offbeat
Morgan Stanley CEO James Gorman says bitcoin is ‘more than just a fad’ (BI)